Retired Members
Are You Changing Address or Bank/Building Society Details?
It is essential that you keep the Tyne and Wear Pension Fund informed of any changes of:
name
home address
bank/ building society
bank/ building society account number
bank/ building society sort code
If you are moving house or changing banking details please contact us. It may delay payment of your pension if we are not informed of the above immediately.
Pension Pay Dates For 2008
16 January 2008 |
16 July 2008 |
18 February 2008 |
18 August 2008 |
17 March 2008 |
16 September 2008 |
16 April 2008 |
16 October 2008 |
16 May 2008 |
17 November 2008 |
16 June 2008 |
16 December 2008 |
Pensions Increase
The Government approves the rate of increase for all public service pensions and state scheme benefits. The pension increase is set by reference to the Retail Price Index. It does not reflect the performance of the Tyne and Wear Pension Fund. Your pension will be increased each April if you:
· are aged 55 or over
· retired on ill health grounds
· are receiving a widow's, widower's or child's pension
If you do not fall into one of these groups, your pension will still attract the increase, but it will not be paid until your 55th birthday.
A table of the last six years pension increase is below:
Date of Increase |
Increase (%) |
8 April 2002 |
1.7 |
7 April 2003 |
1.7 |
12 April 2004 |
2.8 |
11 April 2005 |
3.1 |
10 April 2006 |
2.7 |
9 April 2007 |
3.6 |
Tax Queries
If you have any queries with regards to the deduction of tax, please contact our Payroll Section on telephone number 0191 424 4320 who will be happy to deal with your query.
If you wish to contact the tax office, which deals with Tyne and Wear Pension Fund pensioners, it is:
Northumbria Area
Aidan House
All Saints Business Centre
Newcastle, NE1 2TT
Tel: 0845 302 1456
web site: www.inlandrevenue.gov.uk
Please quote the tax reference 504/15018 and your National Insurance number.
The Pensioners' guide is part of The Department for Work and Pensions website. It is aimed specifically at pensioners and gives information on a wide range of government entitlements and services.
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Pensions and Divorce
If you divorce and your pension is taken into account within the divorce settlement, the Pension Fund may charge you for dealing with your case.
Please click below to see a list of our charges:
Charges - Pensions and Divorce
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Data Protection Statement
To view our Data Protection Statement, please click below:
Data Protection Statement (10.68KB)